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Gold set for first 3-week drop in over a yearSpot gold prices eked out small gains on Friday after data showed U.S. economic growth picked up in the third quarter, but the metal was heading for its first three-week loss in more than a year on uncertainty over the future of the U.S. Federal More… |
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Nawras to showcase interactive gamesNawras, a telecommunications provider in Oman, will showcase new, fun and interactive games and live demonstrations of its latest products and services at the upcoming Comex 2012 exhibition. A leading IT, telecom and technology show in the More… |
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Gold falls nearly 1.5pc on liquidationGold prices fell almost 1.5 per cent o n Friday as a stronger dollar sparked a wave of end-of-week selling amid mounting fears about the euro-zone debt crisis and after Chinese economic growth data disappointed investors. Bullion ended off More… |
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Gold extends losses on eurozone debt hopesGold slipped more than half a percent on Thursday after equities rose and the euro ticked up on optimism over tentative steps by European policy makers to resolve and limit the region's debt crisis. More… |
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Gold gains 1pc as debt worries persistGold rose about one per cent on Friday, having neared its all-time peak as reservations over a bailout plan for Greece and concerns about a lack of agreement on the US debt ceiling spurred safe-haven buying. "Gold is drawing strength from More… |
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Gold rises for 8th day, hits recordGold rose for an eighth day on Wednesday, set for its longest stretch of gains in nearly five years, and struck a record high close to $1,580 after European leaders mulled the option of a Greek default and Ireland's credit rating was More… |
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Nawras launches new broadband plansNawras, a leading telecom service provider in Oman, has launched new welcome pack offers as well as a new home broadband and voice plan at Comex 2011, a major ICT expo currently running in Muscat. Using a simple plug and play WiMax modem, More… |
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Huawei to showcase at Oman expoChina-based Huawei Technologies, a leading global ICT solutions provider, will showcase its ICT based enterprise solutions at Comex 2011, a leading IT and telecom exhibition, that opened today (April 25) in Muscat. Comex will run until Apr More… |
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Gold held below $1,360, dollar caps gainsGold was held below $1,360 an ounce in Europe on Monday as the stronger dollar put a lid on last week's gains, though a second consecutive weekly price rise has underpinned investors' confidence in the precious metal. Spot gold was More… |
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Gold firms on Spain's debt rating cutGold edged up after Fitch Rating cut Spain's debt ratings, renewing fears of spreading euro zone credit problems and pressuring the euro and US stock prices, which pushed some gold investors to cover short positions before the long holiday weekend More… |
